American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Twitter driven lower by current resistance - Analysis - 16-04-2018

Economies.com
2018-04-16 13:18PM UTC

Twitter's stock (TWTR) fell in the intraday levels, registering a loss of 0.83% in the last session, or 0.24 points, as the stock tries to gather momentum to help it rise anew, after the resistance of 29.71 held on, amid the dominance of the main upward short-term trend, with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, provided the resistance of 29.71 was breached, targeting the next pivotal one at 36.80. 

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